18 May China shares rise on upbeat virus vaccine data, economic recovery hopes
China shares rose on
Tuesday, tracking gains on the Wall Street, as an early-stage
trial for a coronavirus vaccine showed encouraging data, while
increasing hopes for an economic recovery also aided sentiment.
** At the midday break, the Shanghai Composite index was
up 0.53% at 2,890.56, after opening higher at 0.8%.
** China’s blue-chip CSI300 index was up 0.64%, with
its financial sector sub-index higher by 0.53%, the
consumer staples sector down 0.01%, the
Tuesday, tracking gains on the Wall Street, as an early-stage
trial for a coronavirus vaccine showed encouraging data, while
increasing hopes for an economic recovery also aided sentiment.
** At the midday break, the Shanghai Composite index was
up 0.53% at 2,890.56, after opening higher at 0.8%.
** China’s blue-chip CSI300 index was up 0.64%, with
its financial sector sub-index higher by 0.53%, the
consumer staples sector down 0.01%, the
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